If a check correctly written and paid by the bank for $ 648 is incorrectly recorded on

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If a check correctly written and paid by the bank for $648 is incorrectly recorded on the company's books for $684, the appropriate treatment on the bank reconciliation would be to

THE ANSWER IS NOT: SUBtract $36 from book's balance

deduct $36 from the bank's balance.deduct $648 from the book's balance.subtract $36 from the book's balance.add $36 to the book's balance.

Related Book For answer-question

Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

Posted Date: Jan 17, 2022 07:00 PM

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If a check correctly written and paid by the bank for $ 648 is incorrectly recorded on

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add 36 to the books balance Explanation Since in the question it is given t... View the full answer

Fundamentals of Investments

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